Adani’s claim of creating up to 10,000 new jobs at its $16 billion Carmichael coal project in Queensland have been derided by public interest group Environmental Justice Australia (EJA), which has written a letter of complaint to the Australian Competition and Consumer Commission (ACCC) on behalf of a union for unemployed workers.

Muthuraj Guruswamy, Australia general manager of corporate affairs and business development at Indian conglomerate Adani, yesterday provided an update on the status of the company’s Carmichael coal project in Queensland at the International Mining and Resources Conference (IMARC) in Melbourne.

The US-based Institute for Energy Economics and Financial Analysis (IEFFA) has reported on ABC’s Four Corners TV program that Adani’s Australian mining interests are at risk due to falling income from incurred debts on the Indian company’s Abbot Point coal terminal in Queensland.

Indian energy giant Adani Enterprises will start work on its Queensland-based Carmichael coal project in October and is targeting its first shipment by March 2020, according to reports. Reuters is reporting that Adani, which has said previously it needed to borrow under $2 billion to get the project off the ground, will funnel $400 million … Continue reading Adani to begin Carmichael coal project in October→

The Carmichael coal mine planned in Queensland has cleared another legal hurdle, with the state’s Supreme Court dismissing a legal challenge to the validity of the state government’s decision to approve the project.

The Federal government has granted environmental approval for the Galilee Basin Carmichael coal mine, but developer Adani still needs to find $16 billion in funding for the project, as well as secure a mining licence in Queensland.